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It had steep competition from a group of finalists that included the BMW 4 Series, Mazda3, Mazda6, Jaguar F-Type, Mercedes-Benz S-Class and Kia Forte. Nonetheless, the 2014 Cadillac CTS came out on top to win Motor Trend's coveted pick for Car of the Year.

The award for GM's redesigned Cadillac comes as the CTS is arriving in dealerships and bolsters Cadillac’s attempt to market the midsize sedan as a more expensive and substantial car than its shorter, heavier predecessor, reports Nathan Bomey, Detroit Free Press.

The CTS even bested GM’s much-heralded 2014 Chevrolet Corvette Stingray.

“The all-new 2014 Cadillac CTS sedan delivers crafted design, thrilling performance and sophisticated technology,” said Bob Ferguson, GM’s senior vice president of global Cadillac. “With Cadillac growing globally, driven by rising product credibility, the new CTS elevates the brand to a new level.”

Bomey notes that Cadillac is riding a wave of momentum based on a flurry of new products. Sales are up 27% this year to 148,206. The CTS is to arrive in dealerships by the end of the year; the Cadillac ELR electric coupe will arrive in early 2014.

The CTS starts at $46,025 and has a standard 272-horsepower, 2-liter, 4-cylinder option. A new 3.6-liter twin-turbo 6-cylinder is optional.

“The all-new 2014 Cadillac CTS prevailed over one of the most competitive fields in recent memory because it best met our award’s key criteria,” Motor Trend editor-in-chief Ed Loh said in a statement. “Our judges were particularly impressed by the CTS’s responsive powertrains and masterful balance of smooth ride and sporty handling."